Bay Area Regional Energy Innovation Cluster
Providing Bay Area energy entrepreneurs with services and resources to further their innovations
Activate Global, Inc
Recipient
Berkeley, CA
Recipient Location
9th
Senate District
15th
Assembly District
$3,632,042
Amount Spent
Active
Project Status
Project Update
In 2021, Activate received a follow-on award from the CEC to continue providing it's two-year fellowship program providing clean energy entrepreneurs access to world-class research facilities, a startup curriculum, and rigorous mentorship, and an extensive network of industry, investors, philanthropists, and government partners. In 2021, Activate also accepted its latest cohort of innovators to its Berkeley program - including fellows developing affordable grid batteries, zero-carbon heating for industrial applications, and advancing sensing technology. Through 2021 companies that have gone through Activate's Cyclotron Road program have attracted over $160 million in follow-on funding.
In 2022 the project team will continue supporting its latest cohort of fellows.
The Issue
Clean energy startups face difficulties in making use of the existing programs and resources available in the area, and accessing technology validation facilities, business training, market intelligence, and more.In particular, venture capital investment, the main source of private sector support for early stage technology companies, has declined sharply for hard energy technology in the past several years. Unfortunately, no reliable, alternate source of private capital has emerged, due to the high risks associated with early stage energy technology development.
Project Innovation
This project established the Bay Area Regional Energy Innovation Cluster by expanding the Cyclotron Road program to provide commercialization support services to Bay Area entrepreneurs developing breakthrough materials and hardware devices in energy efficiency, energy storage, distribution, grid management, and power generation. Cyclotron Road provides entrepreneurs access to world-class laboratory facilities, and key services, such as business model development, customer discovery, and intellectual property protection to enable energy entrepreneurs in the Bay Area region.
Project Benefits
This project will help advance the goals of Senate Bill 350 (De Leon, 2015) by accelerating the commercialization of clean energy technologies, including energy efficiency, demand response, renewable generation, energy storage, and smart-grid integration. This project will increase the probability of commercialization and deployment of a portfolio of technologies that can reduce electricity costs, decrease peak demand, and improve system reliability and safety. Intangible benefits to California ratepayers will result from broader, indirect, and multiplicative economic effects that occur from the successful establishment of California-based technology companies.
Affordability
This project will decrease the time and costs for new technology development by providing entrepreneurs with the services and facilities they need to commercialize their technology.
Economic Development
This project will help facilitate successful clean energy entrepreneurship, leading to increased private sector investment and local job creation. To date, 30 companies have been accepted into the program and those startups are c
Key Project Members
